British American Tobacco p.l.c. (LON:BATS - Get Free Report) shares hit a new 52-week high during trading on Thursday after Citigroup raised their price target on the stock from GBX 3,600 to GBX 3,900. Citigroup currently has a buy rating on the stock. British American Tobacco traded as high as GBX 3,713 ($50.44) and last traded at GBX 3,708 ($50.37), with a volume of 29071916 shares trading hands. The stock had previously closed at GBX 3,599 ($48.89).
Insiders Place Their Bets
In other news, insider Tadeu Marroco acquired 206 shares of British American Tobacco stock in a transaction on Monday, May 12th. The shares were purchased at an average price of GBX 3,379 ($45.90) per share, with a total value of £6,960.74 ($9,456.24). In the last ninety days, insiders have bought 829 shares of company stock valued at $2,751,446. Company insiders own 10.55% of the company's stock.
British American Tobacco Stock Performance
The stock has a market cap of £82.76 billion, a P/E ratio of -6.07, a PEG ratio of 3.12 and a beta of 0.27. The stock has a fifty day simple moving average of GBX 3,407.93 and a 200-day simple moving average of GBX 3,203.72. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.
British American Tobacco Company Profile
(
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BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.
BAT is transforming and is well positioned with a global footprint and multi-category portfolio.
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